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David2011

David2011
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  • American Realty Capital Properties: Digital Realty Deja Vu [View article]
    Thank you for an excellent discussion. I have been substantially adding to my position during this latest downdraft in the valuation. I too believe the stock valuation will improve over time. Yet, I do understand that this belief assumes that the management style will appear more stable and that the communication will be more accurate.
    Jun 13 10:51 AM | 7 Likes Like |Link to Comment
  • Activist rumblings at American Capital [View news story]
    Agree. For those who bought for the "spin-off", or with the assurance that no units would be issued at the current price, ..., management has been frustrating. The bonuses management is awarding itself for a much lower valuation, because golf is not in their schedule, demonstrates a "tin ear" or worse. I am substantially long and unhappy with this investment.
    Jun 3 08:33 AM | 12 Likes Like |Link to Comment
  • A Closer Look At Energy Transfer Partners' Distributable Cash Flow As Of Q1 2014 [View article]
    Thanks for an excellent review of the situation. I am likewise concerned about the appearance of conflict. I am long ETP, and would like to also own ETE. Yet, because of the potential conflict, or arguable conflict, I am reluctant. Any potential litigation, justified or not, would primarily target ETE. Since you prefer ETE, I assume you believe the risk is insubstantial? Would like to hear your thoughts. Am I incorrectly interpreting the risk to be primarily associated with ETE?
    May 12 03:25 PM | Likes Like |Link to Comment
  • First-Quarter Portfolio Review: There's Change On The Way [View article]
    Bob, I am really getting tired of you and your portfolio. It is plainly better than mine. Yet we are similarly situated in retirement with income goals, but you have done a better job. I want your stocks at the same cost basis. I guess I'll just have to keep reading your articles with envy. Good job
    Apr 13 07:11 AM | 3 Likes Like |Link to Comment
  • An 11.1% Current Yield And Upside Potential For Your Income Portfolio [View article]
    MILL is not a company appropriate to most dividend investors, in my opinion. This non-profitable company has been far more successful in raising capital than in creating cash flow. MILL's history is such that one wonders how it will be in operation a few years from now?
    Mar 13 09:35 AM | 1 Like Like |Link to Comment
  • Linn Results Suggest Minimal Distribution Growth [View article]
    I am long LINE and LNCO.

    Thank you for your analysis, which I believe to be accurate based upon the conservative guidance, the Berry acquisition, and the enlargement of the unit numbers. I do not anticipate marked improvement in cash flow and production until the third quarter. Yet I am being well paid to wait, and am convinced that the conservative estimates of "proven" reserves, as well as the potential of assets not proven, does justify my patience. Additionally, I think it will take a couple of quarters, if not longer, to integrate Berry into a combined structure. So, I agree as to your realistic projections in the immediate future, but anticipate a substantially better fourth quarter and 2015.
    Feb 27 11:09 AM | 10 Likes Like |Link to Comment
  • Linn Energy: Can This Dividend Player Take The Heat? [View article]
    I appreciate your excellent analysis, especially the conservative methodology employed. In your conclusion, you note a potential upside of "over 20%", which I also believe to be conservative. I had previously calculated a 28% upside, but I have been wrong more than once. Yet, even if we are both wrong, an 11% dividend is difficult to ignore, as you note. Thank you for your excellent work.
    Sep 28 09:13 AM | 5 Likes Like |Link to Comment
  • Is This Security A Safe Haven? Absolutely Not [View article]
    Thanks for an excellent article, and for adding accuracy to the discussion. While I own both NLY and AGNC and have for quite some time, I continue to regard these investments to be "temporary" additions to the portfolio - investments to be sold quickly when circumstances change or might change. Contemplating ownership of a mReit requires an understanding of the higher associated risk. Good on you for assisting those unfamiliar with mReits.
    Apr 29 12:51 PM | 3 Likes Like |Link to Comment
  • Apple: Would You Be Okay With A Kitchen Sink Quarter? [View article]
    Thanks for an excellent analysis. I'm glad you downplayed shorting this stock as it may save the funds of less experienced investors. I look forward to reading next week's article.
    Apr 15 05:10 AM | 1 Like Like |Link to Comment
  • Apple Says It Is Willing To Throw The Baby Out With The Bath Water Over Royalties [View article]
    Throwing the baby out with the bath water is an exaggerated risk "joke" from the middle ages, when families had one annual bath and the baby was the last family member washed in the single tub of water utilized. By the time the baby was in the tub, the water was so black there was risk of overlooking the baby when the water was discarded. It is an appropriate comparison, but perhaps for reasons different than the author intended.

    As a lawyer who has tried about 300 cases in the last 40 years, I would suggest that after a trial between parties with agressive counsel and agressive business management teams, perceptions of the adversary are established - meaning - the water can be so dark that no one, from either side, will ever see the baby. Often the animosity is irreparable. I would not count upon AAP and VHC ever reaching a compromise.
    Apr 9 11:09 AM | 1 Like Like |Link to Comment
  • "Here's a novel way to drive up a company’s share price," writes the NYT's Jeff Sommer. "Pay billions of dollars in additional taxes." Forensic accountant Robert Olstein reckons that companies such as Apple (AAPL), Microsoft (MSFT) and Cisco (CSCO) should repatriate the tens of billions dollars they hold abroad, pay tax on it, and then use the rest of the cash to repurchase stock. That would boost their share prices by at least 20%. [View news story]
    Jeff Sommer providing business advice to AAPl, MSFT, and CSCO? LOL. Thank the editors at SA for their sense of humor.
    Mar 24 09:41 AM | 3 Likes Like |Link to Comment
  • SandRidge Energy: Activists Win, Why Is The Stock Down? [View article]
    Thank you Richard. Based upon what is presently known, your article is an exceptional analysis. I continue to scale into this company, but do agree that remedies will take time. Six months may be optimistic in terms of any actual fix or near fix. Yet there will likely be enough evidence of improved management to drive the stock higher. Again, thanks for your work on this.
    Mar 15 11:39 AM | 5 Likes Like |Link to Comment
  • Apple: Is It Really Too Cheap To Ignore? [View article]
    I agree with the article's writer - fully, but for the ultimate conclusion. At these levels I am building my position.

    I would rather have this talented management team, even if shareholders rightfully believe management is "slow to respond" to their concerns.
    Mar 8 03:32 PM | Likes Like |Link to Comment
COMMENTS STATS
13 Comments
51 Likes